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Dec 27, 2012
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a fight that obama should not want to have. it's interesting to me if he doesn't act in the next couple of days with what charles calls a generous deal he gets himself in to really unstable waters, economically. something we have never seen before. then we look at the global waters rattling toward real default, not the january 1 cliff. republicans would be blamed initially but he would be blamed ultimately. >> this argument and is so ethereal with the numbers baptered back and forth they can't grasp it. one component is the farm bill that expires at the end of this lame duck session if it expires and we go to 1949 formula for calculating milk price supports. back in 1949, most cows in the country were milked by hand. what it ostensibly means for you is gallon could cost $6-$8. citizen against government waste says it's cornucopia of wasteful, silly programs that many wish should be allowed to die. the statement goes op and on. what is going to be the fate of the farm bill? >> good question. asnatetive wisconsin, i would like to
a fight that obama should not want to have. it's interesting to me if he doesn't act in the next couple of days with what charles calls a generous deal he gets himself in to really unstable waters, economically. something we have never seen before. then we look at the global waters rattling toward real default, not the january 1 cliff. republicans would be blamed initially but he would be blamed ultimately. >> this argument and is so ethereal with the numbers baptered back and forth they...
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Dec 24, 2012
12/12
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FBC
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speaking of the fiscal cliff, talks on hold until after christmas and president obama and house speaker john boehner have not spoken since friday. lori: is there any hope for a deal? are you the last man there? >> a staff is here. the staff is in this but all eyes are on the senate when it returns this thursday to try and get a deal to avoid getting off a cliff the past friday before the president left for the holiday, he proposed a limited measure to avoid all of the cliff when speaker john boehner plan b. got scuttled. the president wants to extend the bush tax cuts and avoid some of the deep spending cuts. white house spokesperson says discussions continue between the administration and capitol hill. in july you may recall senate democrats passed an extension of the middle-class tax codes for the year. those folks making less than $250,000 per year at a cost of 157 billion. also passing the alternative minimum tax for $92 billion. mitch mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesman told me this morning nothing new to report
speaking of the fiscal cliff, talks on hold until after christmas and president obama and house speaker john boehner have not spoken since friday. lori: is there any hope for a deal? are you the last man there? >> a staff is here. the staff is in this but all eyes are on the senate when it returns this thursday to try and get a deal to avoid getting off a cliff the past friday before the president left for the holiday, he proposed a limited measure to avoid all of the cliff when speaker...
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Dec 22, 2012
12/12
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kerry gave obama that great nominating speech slot in 2004. but kerry has been able to be bipartisan in the true sense. he has been able to cut deals and work with senators -- senator murkowski is a friend of his from alaska, for example. this is going to be one of the best appointments, selections that the president could have made. and most people on capitol hill feel the same. >> quickly, will he go through confirmation easily? >> he will go through. i think vicki kennedy will come in and be the senator for that interim period. it's 145 to 160 days until governor deval patrick is going to set that up. i think he is probably going to run for senate. >> interesting. great to have you with us, professor. thank you so much. >>> coming up, the owner of some big-name chain restaurants sees profits plunge after they attempt to skirt obama care. stay tuned. that's next. >>> and of course we always love hearing from our viewers on twitter and our facebook page. many of you are responding to the nra's call for armed guards at all schools, an attempt
kerry gave obama that great nominating speech slot in 2004. but kerry has been able to be bipartisan in the true sense. he has been able to cut deals and work with senators -- senator murkowski is a friend of his from alaska, for example. this is going to be one of the best appointments, selections that the president could have made. and most people on capitol hill feel the same. >> quickly, will he go through confirmation easily? >> he will go through. i think vicki kennedy will...
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Dec 27, 2012
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every time boehner an obama get close to a deal, president obama moves the goalpost back. >> kimberly: he is playing hard ball. this is the problem. he is going hmm to you, republicans. i don't care about that. that is nothing. i get that for free. he is the guy changing the play for his side. what about the right? >> juan: the american people. look at the poll, they think president obama is willing to compromise. >> andrea: which is ironic. [ overtalk ] >> juan: who are the obstructionists? it's my ideology, i can't negotiate. even if we go off the cliff, endanger the whole economy. >> greg: here is thing. the idea of adhering to a principle in this world is seen as extremism, trying to limit government and cutting taxes. what obama is able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is part of it. >> eric: leave it there. coming up, the day after christmas. you know what that means? all the bad gifts are going back. tell you what the five of us got from san. the plus, this woman says she was fired from her job for from being too sexy.
every time boehner an obama get close to a deal, president obama moves the goalpost back. >> kimberly: he is playing hard ball. this is the problem. he is going hmm to you, republicans. i don't care about that. that is nothing. i get that for free. he is the guy changing the play for his side. what about the right? >> juan: the american people. look at the poll, they think president obama is willing to compromise. >> andrea: which is ironic. [ overtalk ] >> juan: who are...
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Dec 28, 2012
12/12
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let's listen to one of obama's slip. you didn't build that. >> someone helped to create this unbelievable system that allows you to thrive. someone invested in roads and bridges. if you've got a business, you didn't build that. >> now, that was turned into this viral video, with over a million views, easily. >> i'm barack obama, those ads, taking my words about small business out of context, they're flat-out wrong. >> if you've been successful, you didn't get that on your own. >> getting pretty inventive there. >> i'm glad we really started on a light note. could have built some camaraderie. now i have to tell you, it wasn't out of context. make my argument, give me three minutes, i'll prove to you it meant exactly -- >> will, seriously. i'm at the republican convention and they're holding their signs up, you didn't build that. i'm like, you're right, they built it in china. >> all the fact checking organizations say it was totally taken out of context and very misleading, but i really wish we had those three minutes for
let's listen to one of obama's slip. you didn't build that. >> someone helped to create this unbelievable system that allows you to thrive. someone invested in roads and bridges. if you've got a business, you didn't build that. >> now, that was turned into this viral video, with over a million views, easily. >> i'm barack obama, those ads, taking my words about small business out of context, they're flat-out wrong. >> if you've been successful, you didn't get that on...
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Dec 26, 2012
12/12
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who are we hurting me. >> >> let's get on to obama care. originally the whole idea was to save money, cut costs, et cetera, but you've recently said the new health care law could cause insurance premiums to doublery 2013. ? >> there's some places where the premiums will go up by 100%. a 49-year-old in texas can buy a $5,000 deductible policy that's well below the 60% threshold so if i'm at a 45% threshold policy, the and it goes up to 60%, you have a 33% increase just to moving the benefits up. >> seems crazy, that the system is broken and could still double by 2014. >> if we're going to warn americans, somebody's got to pay for it. >> how do you think it's going to pay out, who is going to or what? >> i think it won't start right away like everyone hopes it will. there won't be an october 1st, 2013, are a bright new plan available for everybody, and it's not going to be cheaper, but i think it will be a start and it will be fits rand smart. if we want to insure more americans, and in the long run if we control our krosts we can control tha
who are we hurting me. >> >> let's get on to obama care. originally the whole idea was to save money, cut costs, et cetera, but you've recently said the new health care law could cause insurance premiums to doublery 2013. ? >> there's some places where the premiums will go up by 100%. a 49-year-old in texas can buy a $5,000 deductible policy that's well below the 60% threshold so if i'm at a 45% threshold policy, the and it goes up to 60%, you have a 33% increase just to...
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Dec 27, 2012
12/12
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. >>> the holiday vacation is over early for members of the united states senate and for president obama. he took the red eye from hawaii to washington overnight. senators will be busy working on a plan to avoid the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is getting itchy for an agreement. its employees are writing "come together" on coffee cups to encourage compromise. >>> hawaii's democratic governor will replace daniel inoue to represent the state of hawaii in washington, d.c. inouye died of respiratory complications last week. on the day he died, the late senator wrote to the governor asking for representative colleen hanabusa to replay him. she made it to the final round of considerations but didn't win that nomination. >>> former president george h.w. bush is in intensive ca
. >>> the holiday vacation is over early for members of the united states senate and for president obama. he took the red eye from hawaii to washington overnight. senators will be busy working on a plan to avoid the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem...
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Dec 22, 2012
12/12
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if no deal is struck this year, president obama, what does he have? well, he's got the inauguration coming up. a big platform. he's got the state of the union address coming up. a big platform. he is going to have a better chance to have the american people on his side. president obama urged all members of congress to get some perspective over the holiday weekend on this. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols, enjoy the company of loved ones. and then i'd ask every member of congress while they're back home to think about that. think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if congress does nothing at all. >> that is a crucial point right there, folks. here is president obama. not saying boehner can't get his caucus together. i got my folks together. we're ready to rock 'n roll. we've got a deal right on the table for the american people. it's boehner, he is the problem. the president didn't do
if no deal is struck this year, president obama, what does he have? well, he's got the inauguration coming up. a big platform. he's got the state of the union address coming up. a big platform. he is going to have a better chance to have the american people on his side. president obama urged all members of congress to get some perspective over the holiday weekend on this. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols,...
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Dec 27, 2012
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. >>> president obama will spend the night aboard air force 1, making a red eye trip to washington. with the fiscal cliff deadline less than a week away. what it all means for your paycheck. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capitol. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned. in just six days, a 2% payroll tax is set to expire, along with the bush-era tax cuts, shrinking the average person's paycheck in 2013 by about $1500. long-term unemployment benefits for about two million jobless americans are also set to expire. and 110 billion worth of spending cuts to both domestic and defense programs will start to kick in, forcing layoffs in the public sector and for some private sector government contractors. economists predict that if congress doesn't act, all those cuts and new taxes will push the economy back into a mild recession by mid 2013. the impact of some of these new cuts and taxes wouldn't be felt immediately on january 1. that's because the irs and
. >>> president obama will spend the night aboard air force 1, making a red eye trip to washington. with the fiscal cliff deadline less than a week away. what it all means for your paycheck. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capitol. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned. in just six days, a 2% payroll tax is set to expire, along with the bush-era...
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Dec 28, 2012
12/12
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meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white house believes is already, pretty clearly, the framework for a final deal, and he can also
meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific?...
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Dec 29, 2012
12/12
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>> i think you to open with the top story being president obama's reelection. it was a presidential election that was close. it was fascinating. it was really hard fought and i think it was very consequential. are there was a possibility that president obama was going go down as a jimmy carterresque figure, one kicke term kicked . he has four more years now. the possibility that the economy will turn around and he will be able to go down as a successful president. i also think and this is a big reason why time made him our person of the year, he had a very interesting diverse winning coalition. a lot of people say it was kind of the new face of america. a large minority nonwhite vote. young voter to a more liberal than older vote hers. i think you can see the changing face of america there. that would be the number one story. right behind and related to it is chief justice john roberts guiding the supreme court to a decision that upheld the healthcare law. finding a compromise solution where he said that the individual mandate might not be constitutional but th
>> i think you to open with the top story being president obama's reelection. it was a presidential election that was close. it was fascinating. it was really hard fought and i think it was very consequential. are there was a possibility that president obama was going go down as a jimmy carterresque figure, one kicke term kicked . he has four more years now. the possibility that the economy will turn around and he will be able to go down as a successful president. i also think and this is...
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Dec 30, 2012
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the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed four people in russia. what happened to another airplane from the same airline just days ago. >> why an attorney for a new town massacre survivor says the state of connecticut is to blame. if >> how of >> we're learning more tonight about the crash of a russian airplane in moscow. four people were killed after the red wing airplane broke into pieces and caught fire while landing. four people were hurt. your plane rolled off the runway into a snowy field. another red wing airplane went off the runway in siberia on december 20. the official said that crash happened because the airplanes engines failed to go into
the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed...
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Dec 28, 2012
12/12
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obama not buying anything newnew. anybody buying the dips had to puke them out. that's exactly what happened. professional traders, most of which have been in this week, most others on the sideline, you've bought vix protection, done pretty well as a helping but that's a great display of what happened. >> do you just not want to go into the weekend long, expecting a miracle? >> well, if i had to be forced in, forced into long positions on the selloffs on this kind of day i'd rather be long quite frankly than short against what might happen in washington. rather not have any position, but i'd rather be long than short. >> this has been a market that has shown resilience. >> right. >> with all the uncertainty out there to this point. could that change come monday if after the house meets on sunday night we still don't have a deal at that point? what do you think? >> being long is not a good position to be in, but that being said, if there's any indication of some hope, i think that the short position is going to get squeezed pretty hard, the same on monday. a
obama not buying anything newnew. anybody buying the dips had to puke them out. that's exactly what happened. professional traders, most of which have been in this week, most others on the sideline, you've bought vix protection, done pretty well as a helping but that's a great display of what happened. >> do you just not want to go into the weekend long, expecting a miracle? >> well, if i had to be forced in, forced into long positions on the selloffs on this kind of day i'd rather...
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Dec 27, 2012
12/12
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every time boehner an obama get close to a deal, president obama moves the goalpost back. >> kimberly: he is playing hard ball. this is the problem. he is going hmm to you, republicans. i don't care about that. that is nothing. i get that for free. he is the guy changing the play for his side. what about the right? >> juan: the american people. look at the poll, they think president obama is willing to compromise. >> andrea: which is ironic. [ overtalk ] >> juan: who are the obstructionists? it's my ideology, i can't negotiate. even if we go off the cliff, endanger the whole economy. >> greg: here is thing. the idea of adhering to a principle in this world is seen as extremism, trying to limit government and cutting taxes. what obama is able to do is shift the argument from cutting and spending to now spending and borrowing. cutting is part of it. >> eric: leave it there. coming up, the day after christmas. you know what that means? all the bad gifts are going back. tell you what the five of us got from san. the plus, this woman says she was fired from her job for from being too sexy.
every time boehner an obama get close to a deal, president obama moves the goalpost back. >> kimberly: he is playing hard ball. this is the problem. he is going hmm to you, republicans. i don't care about that. that is nothing. i get that for free. he is the guy changing the play for his side. what about the right? >> juan: the american people. look at the poll, they think president obama is willing to compromise. >> andrea: which is ironic. [ overtalk ] >> juan: who are...
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Dec 28, 2012
12/12
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rich edson at the white house where president obama is about to meet with key members of congress, and, rich, there's talk of a scaled down deal put forth by the president. what have you heard? >> it that is the discussion. you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a possible path forward that aids describe as preventing tax increase for income amounts of $400,000 or $500,000 or so, extend unemployment insurance, but, still, nothing has been agreed to. all in washington are waiting to see how this meeting goes. it's just about to start here in dc. meanwhile, on capital hill, the fighting continues, and in some corners, a sense of pessimism. >> if we don't have a deal within the next 24 hours, the question is where do you buy a parachute? we'll be going over the cliff because the closer we get to the end, the less likely it is you can compress an agreement into place that
rich edson at the white house where president obama is about to meet with key members of congress, and, rich, there's talk of a scaled down deal put forth by the president. what have you heard? >> it that is the discussion. you have harry reid, mitch mcconnell arriving at the white house, should have house leadership shortly to begin a meeting, a last ditch effort to try to help the economy avoid the fiscal cliff, or at least pieces of it, and, yes, the buzz around washington is a...
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Dec 27, 2012
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cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the obamacare tax on top, dividends are going to collapse and so are the revenues that government will collect from the dividends. you'll have a similar result as you had in 1990 where they increased rather than declined. >> clayton: do we not learn from our history? this seems like it's just repeating all over again. politicians aren't aware of their history here and what we could go through again. we know what 1991 and 1992 looked like with that recession. it was hard. >> the tax increases we're talking about now are much bigger than in 1990 and t
cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the...
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Dec 29, 2012
12/12
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obama met congressional leaders at the white house on friday to discuss a deal. he said the talks were constructive, but did issue a warning on behalf of the american people, demanding congress take action. >> america wonders why it is that in this town, for some reason, you cannot get stuff done in an organized time table, where everything has to wait till the last minute. we are now of the last minute. in the american people are not going to have any patients for a politically self-inflicted wound to our economy. >> the president said he was modestly optimistic that the january 1 deadline for the fiscal cliff could be averted, but that is contingent on a vote in the senate on a compromise bill, and that will have to get an up or down vote. there is a majority for that, with some tax increases for upper-income people. the question is what level would be acceptable to republicans. more crucial to that is, whatever the senate proposes and passes on to the house, will it be acceptable to the majority of republicans in the house, who control that body? if it is not,
obama met congressional leaders at the white house on friday to discuss a deal. he said the talks were constructive, but did issue a warning on behalf of the american people, demanding congress take action. >> america wonders why it is that in this town, for some reason, you cannot get stuff done in an organized time table, where everything has to wait till the last minute. we are now of the last minute. in the american people are not going to have any patients for a politically...
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Dec 28, 2012
12/12
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>> they didn't expect the obama people to work as hard as they did even though there are more obama offices in florida than there were romney offices in america. amen to everything jimmy said. i agree with everything you said and also note the clint eastwood yelling at the chair moment is sort of symbolic of the entire gop, and the gop is clint eastwood and they're yelling at or disagreeing with an imagined obama who does not actually exist. if they critique the real obama, they might have had a better chance of wooing those independents who are disaffected republicans but when they're doing this extreme thing that rush limbaugh is actually beginning the thought process -- he's the thought leader, it's never going to actually work out for you. that is not realistic. they're living in the alternate reality when even megan kelly has to say, is that real or are these just things you tell yourself as a republican to make yourself feel better? >> jimmy, to that point, math, i feel like the big triumph of math. who knew math would be one of the big stories of 2012? >> in the building behind us th
>> they didn't expect the obama people to work as hard as they did even though there are more obama offices in florida than there were romney offices in america. amen to everything jimmy said. i agree with everything you said and also note the clint eastwood yelling at the chair moment is sort of symbolic of the entire gop, and the gop is clint eastwood and they're yelling at or disagreeing with an imagined obama who does not actually exist. if they critique the real obama, they might...
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Dec 29, 2012
12/12
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WJLA
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president obama met with congressional leaders and bluntly spoke to the nation about what he says must happen before jury one. on capitol hill, what went on behind closed doors today? >> there is still a lot of work to be done by the folks who worked in the building behind me in order to avoid big tax increases, and also a big spending cuts. the countdown is on. three days, zero hours, 54 minutes. we are hearing words of optimism, but also concern. at a press conference, the president said ordinary americans can sort through disagreements. >> the notion that our elected leadership cannot do the same thing is mind-boggling to me. it needs to stop. >> if they come to a good deal, not just one that is forced -- >> of the white house christmas tree a short distance from where the president met with congress, both local residents and people from all over the country -- >> it would be nice if the king to a compromise. >> gave us their take. many worry about the tax increases that could kick in. and they are angry we are four days a out with no deal. >> it is ridiculous. this is a necessary.
president obama met with congressional leaders and bluntly spoke to the nation about what he says must happen before jury one. on capitol hill, what went on behind closed doors today? >> there is still a lot of work to be done by the folks who worked in the building behind me in order to avoid big tax increases, and also a big spending cuts. the countdown is on. three days, zero hours, 54 minutes. we are hearing words of optimism, but also concern. at a press conference, the president...
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Dec 28, 2012
12/12
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one hour leaders from both sides of the aisle are scheduled for a sitdown and pow wow with president obama. our eamon javers is there. can we expect the best? >> everybody is certainly talking about it but there are not a whole lot of people who know what will happen here. the sliver of hope is the consensus expectation in watching ton is that the president might lay down an offer for a small deal, some type of extension of the bush tax cut for those under 250 or maybe on up to $400,000 if that's where negotiations take him. and then throw in a bunch of other cats and dogs like, for example, an extension of unemployment insurance for those people whose unemployment insurance is going to run out. a couple of other items and call that a deal. that may be where we're headed here, but we simply don't noah head of this meeting, which is now just about 55 minutes away. meanwhile, here in washington at least one republican senator took the opportunity today to say all of this rests at the feet of the president. take a listen. >> we need two words, presidential leadership on not just taxing rich p
one hour leaders from both sides of the aisle are scheduled for a sitdown and pow wow with president obama. our eamon javers is there. can we expect the best? >> everybody is certainly talking about it but there are not a whole lot of people who know what will happen here. the sliver of hope is the consensus expectation in watching ton is that the president might lay down an offer for a small deal, some type of extension of the bush tax cut for those under 250 or maybe on up to $400,000...
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Dec 23, 2012
12/12
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house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only be o official balls. there'll be a concert honoring .he lee terry families saturdaye held on before inauguration. out of egypt, how millions e voted on the disputed constitution. also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for several days. taking a look at stories -- aning around the nation destroyed a home. used fo
house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only...
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Dec 27, 2012
12/12
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president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a deal. that's less than 1% of the federal spending over the next decade. in d.c. terms, 400 billion seems like a lot. that's a drop in the bucket in d.c. terms. it's amazing that small of a number killed a deal. >> if you are buying a house or a car and one person said look, i'm going at $1 billion. usually split the difference and do the deal. this time around, that didn't happen. neither was hoping for this. if house republicans couldn't go for that million dollar threshold, they are not going to go for 400,000 or 600,000. that's why we are probably going to end up going-over the cliff and seeing what
president obama countered with a big concession and saying that that should be $400,000 and have fixes to social security on costs of living adjustments on that. what ended up happening? john boehner retreated their plan b that mike viquiera was talking about that was unable to pass and now we are in the stalemate we are in now. we were closer than before. >> you touch on a good point. that's lost now in the media. we are going-over the cliff. last week they are $450 billion away from a...
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Dec 28, 2012
12/12
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MSNBCW
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"obama is the best gun salesman since bill clinton. every too many a liberal opens his mouth and says something stupid about guns, i sell a gazillion of them." need further proof? one iowa reporter went inside a des moines gun shop. >> the most popular is the a.r.-15, one of the weapons used in the sandy hook shooting. >> two days before christmas i maybe have 30 of these. and i had ten in my safes. and now i have zero. >> i'm joined by los angeles mayor antonio villaraigosa. welcome to the show, mr. mayor. >> michael, thank you for having me on. happy holidays to you. >> the same to you, my friend. does the uptick in gun sales surprise you in any way? >> no. i think we've seen this happen before. you've heard one of the people interviewed saying that it happened in the 1990s, when bill clinton was talking about and trying to do something about gun violence and responsible gun laws. you see it happening again after sandy hook. after the two firefighters who were assassinated just the other day and two police officers who were killed on
"obama is the best gun salesman since bill clinton. every too many a liberal opens his mouth and says something stupid about guns, i sell a gazillion of them." need further proof? one iowa reporter went inside a des moines gun shop. >> the most popular is the a.r.-15, one of the weapons used in the sandy hook shooting. >> two days before christmas i maybe have 30 of these. and i had ten in my safes. and now i have zero. >> i'm joined by los angeles mayor antonio...
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Dec 30, 2012
12/12
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WJLA
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perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached. now, not so much. >> what we're seeing here is a monumental failure of presidential leadership. >> the better back-and-forth continues to be over how to cut spending and what the income threshold to be for who gets a tax hike. >> what i am arguing for is maintaining tax cuts for 90% of americans. i did not think anybody would consider that and liberal, left- wing agenda. >> republicans say their agenda, not stifling an already fragile economy with tax hikes on those who are behind small business. >> the higher you set that level, the less small business you will get. >> what had been high hopes had turned
perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached....
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Dec 29, 2012
12/12
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KRCB
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why should we look at cuba stocks. >> i think president obama want. interestingly the emploentf senator kerry who favors the embargo is significant. cuba wants it limi lifted and we positioned the por port feel p o the lifting. >> susie: why do you like seaboard. >> seaboard is $25a share whenws 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and why it's good for american investors? >> another example of what weha. companies that have been doing well now even if there is no change in cuba. i think the country of cuban has to be air conditioned. they are going to get a tremendous amount of business when the embargo is lifted. >> susie: what target t do you see on this stock price? >> i don't have a target butit'a long term in our por portfolio. >> carnival cruise line. >> carnival and royal caribbeanf new business. not only people traveling to cuba but people com combining vacations with a trip to cuba. it's a win win for the
why should we look at cuba stocks. >> i think president obama want. interestingly the emploentf senator kerry who favors the embargo is significant. cuba wants it limi lifted and we positioned the por port feel p o the lifting. >> susie: why do you like seaboard. >> seaboard is $25a share whenws 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and...
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Dec 29, 2012
12/12
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WJZ
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president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans
president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled...
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Dec 27, 2012
12/12
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CNNW
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president obama is rushing back to washington. the question is what kind of reception will he get? >> we have our political insiders coming up. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to learn more about the cold truth santho, ho, ho!anta! santa! want to see some magic? watch this! merry chr... (crash) ow! i
president obama is rushing back to washington. the question is what kind of reception will he get? >> we have our political insiders coming up. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil...
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Dec 27, 2012
12/12
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LINKTV
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president obama has cut short his vacation to help reduce the national debt. budget cuts and tax rises will start on january 1. the white house has called on republicans not to block a resolution in congress. severe weather has caused hundreds of holiday flight delays with its sweeping storm system moving east after tornadoes struck for states on christmas day. at least six people have died. >> dallas, texas, where snow is a rarity came as a christmas surprise. it turned white and the motorists struggled with slippery roads. 21 cars and fractured trailers, and eastern ohio, kentucky, and indiana. along with wind gusts of 50 kilometers an hour. the unusual winter phenomenon hit for seven states, 34 tornadoes. this one touchdown in mobile, alabama. it overturned cars and blew out windows. >> it is like this crazy wind, just the whole building is shaking. >> a caused no fatalities, but a thunderstorm fell this tree, killing a driver of this truck. and if no border was buried by an avalanche. the storm system shifts to the eastern seaboard. >> writing levels of th
president obama has cut short his vacation to help reduce the national debt. budget cuts and tax rises will start on january 1. the white house has called on republicans not to block a resolution in congress. severe weather has caused hundreds of holiday flight delays with its sweeping storm system moving east after tornadoes struck for states on christmas day. at least six people have died. >> dallas, texas, where snow is a rarity came as a christmas surprise. it turned white and the...
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Dec 29, 2012
12/12
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. >> reporter: top congressional leaders met with president obama. the president called the meeting constructive but reminded lawmakers there is not much time left. >> we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. >> harry reed turned to is the gnat floor. >> we are engaged in discussions, the leader myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> we are going to do the best we can for the caucuses we have and the country that is waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend jobless benefits an some tax increases, but the income threshold is not yet clear. the president and senate leaders are expressing optimism nay will get the job done, but the president has a back up plan just in case. >> if an agreement isn't reached in time, between senator reed and senator mcconnell, i will urge reed to bring to the floor an up or down vote. >> reporter: that would preserve tax c
. >> reporter: top congressional leaders met with president obama. the president called the meeting constructive but reminded lawmakers there is not much time left. >> we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. >> harry reed turned to is the gnat floor. >> we are engaged in discussions, the leader myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation....
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Dec 28, 2012
12/12
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KTVU
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but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it definitely feels that way. everybody is obviously watching for some kind of news out of washington. that is what has moved the market every day for the past couple of weeks. it will be no different today. so i absolutely agree with you. > should investors be concerned about the move in the volatility index yesterday? > > it was interesting to see that, and it is really something that at least active investors watch on a regular basis, so any time the vix moves, i think it is something to watch. > what do you anticipate for the friday trade? > > i certainly think that we will see more lower prices in the market
but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it...
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Dec 26, 2012
12/12
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CNBC
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you have obama coming back from his vacation to deal with the fiscal cliff. we have low volume situation which moves a little bit more exaggerated. i'm not putting a lot of stock into this move. i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what i've been dealing with all day. you look at the chart. we've been in a pretty well defined trend channel for a month or so. right now we've come to the top of it. the market is telling us the news out of the middle east and the news on the fiscal cliff is a pretty big deal. now it's decision time. is it big enough to take it above 91.25 and settle there? if it can't do that, it will be considered a failure. i want to be short oil and i think 8620 would be the downside. >> on the up side we're watching 9125. now you know what our guys are doing. are you buying or selling crude surge t
you have obama coming back from his vacation to deal with the fiscal cliff. we have low volume situation which moves a little bit more exaggerated. i'm not putting a lot of stock into this move. i think it's a little overdone. >> jim, good to see you for a second time today. you're looking at the chart of crude. technically speaking how important is the move in your view? >> well, this is funny. you started out the conversation with saying how significant is the move? that's what...
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Dec 23, 2012
12/12
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KRCB
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the main objective obama had was not a fiscal one, it was political, to follow the victory in november by creating a civil war among republicans over the tax issue, whichs extly at happed. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which he did openly and said he was ready to do it. there were conservatives who would not do it. that is not a figure of the party that will be extremely hard to reconcile. if you can not, how you get a deal done before january 1? >> that is essentially t problethe president faced th boehner two years ago. last year. can he deliver? how can you negotiate with someone who cannot deliver on his side? >> you go to people for support, at least three of whom have lost their committee assignments. how can you expect them to come over to your way of thinking? >> they were crowing when john boehner went down, taking some delight, but that was pre- cleared by the leadership. the leadership was with him. this is not a question of -- quite bluntly
the main objective obama had was not a fiscal one, it was political, to follow the victory in november by creating a civil war among republicans over the tax issue, whichs extly at happed. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which he did openly and said he was ready to do it. there were conservatives who would not do it. that is not a figure of the party that will be...
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Dec 24, 2012
12/12
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president obama wants chuck naggel to be his next defense secretary. he is looking at a losing battle with members of both parties. hagel, a republican, got a less than -- on "meet the press" on sunday. >> i think it will be a challenging nomination, but the hearings will matter. >> i have to study his record. i'm not going to comment until the president makes the nomination. >> all right. >> joining us me here in new york is deputy political director. dom inco, it's good to have you here. we're hearing from both men here, just a small sampling, from "meet the press" over the weekend, that they are hesitant to back hagel. just on the surface without having to, you know, look into his career. >> do not you just love when someone really likes somebody but they don't know if they're going to vote for him. i think with him there is a lot of things that got brought up about things that he has said in the past. about his position on israel and whether or not he would go to war with iran if it came to that. this is what happens when there are people who are p
president obama wants chuck naggel to be his next defense secretary. he is looking at a losing battle with members of both parties. hagel, a republican, got a less than -- on "meet the press" on sunday. >> i think it will be a challenging nomination, but the hearings will matter. >> i have to study his record. i'm not going to comment until the president makes the nomination. >> all right. >> joining us me here in new york is deputy political director. dom...
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Dec 30, 2012
12/12
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WUSA
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the obama administration has been keen to reform the nation's export control structure to boost exports as it curbs domestic military spending but getting that through a recalcitrant congress has been challenging. critics fear american technology into the wrong hands. that's a valid concern but blocking sales and strangling america's space industry is an even bigger threat. if you are not selling anything you are not controlling anything, either. working together republicans and democrats solved this problem. they should continue the system and tackle the nation's other problems. thanks for joining us for "this week in defense news." i'm vago muradian. you can watch on-line it at defensenewstv.com. before we go i would like to wish everybody a very happy new year. i'll be back next year at the same time. until then, have a great week. >>> patient centered research, is it more than a slogan. patient leaders rate their progress. i'm steve usdin. welcome to "biocentury this week." >>> your trusted source for biotechnology information and analysis, "biocentury this week." >>> it has blazed
the obama administration has been keen to reform the nation's export control structure to boost exports as it curbs domestic military spending but getting that through a recalcitrant congress has been challenging. critics fear american technology into the wrong hands. that's a valid concern but blocking sales and strangling america's space industry is an even bigger threat. if you are not selling anything you are not controlling anything, either. working together republicans and democrats...
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Dec 29, 2012
12/12
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WMAR
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tonight president obama addressed the country in talkses to. there's still no answer, but tonight the president says work is being done. >> congressional leaders left the white house today without a deal to avoid the fiscal cliff. but the leaders and the president are still trying. >> i'm modestly optimistic that an agreement can be achieved. let's make sure that middle class families and the american economy and in fact the world economy isn't adversely impacted because people can't do their jobs. >> reporter: harry reid and mitch mccono agreed to spend the weekend working on a fall back plan that can pass both chambers of congress. >> some people will not like it, but that's where we are. >> reporter: president obama is pushing for a stop gap measure that would at least avoid tax increases on people earning less than $250,000. frustration is growing. a simple stop gap percent is not what men -- measure is not what many in washington hoped for. many blame president obama for the collapse of a bigger deal that would reduce spending and cut the
tonight president obama addressed the country in talkses to. there's still no answer, but tonight the president says work is being done. >> congressional leaders left the white house today without a deal to avoid the fiscal cliff. but the leaders and the president are still trying. >> i'm modestly optimistic that an agreement can be achieved. let's make sure that middle class families and the american economy and in fact the world economy isn't adversely impacted because people...
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Dec 23, 2012
12/12
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WUSA
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. >> the administration, obama administration has made it a signature feature to reduce the size of the u.s. nuclear arsenal. up to 1,000 there's talk of 1,000 operational warheads. you know more about this than almost anybody else in -- in the united states. is that a good idea and are you going to a safer world with fewer nuclear weapons in it from the standpoint of the united states? >> yes. definitely yes. in fact, in 1977, when i first became secretary of defense, we prepared in the department of defense a plan for a nuclear arsenal of 1,000 nuclear weapons ready nuclear weapons. for us and the soviets. and wanted to submit it to the strategic arms limitation talks but the soviets rejected it out of hand before it was made. so 1,000 would have been good then. it's good now. and maybe even we could go down below that. although there are now other countries with weapons in the hundreds aside from the u.s. and russia. and they would have to be included which is a complication. >> i want to take you to the question of strategy and strategy formulation. there are those who say that the
. >> the administration, obama administration has made it a signature feature to reduce the size of the u.s. nuclear arsenal. up to 1,000 there's talk of 1,000 operational warheads. you know more about this than almost anybody else in -- in the united states. is that a good idea and are you going to a safer world with fewer nuclear weapons in it from the standpoint of the united states? >> yes. definitely yes. in fact, in 1977, when i first became secretary of defense, we prepared...
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Dec 22, 2012
12/12
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KGO
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obama announced a choice to replace hillary clinton as secretary of state. its massachusetts senator john kerry. praising his qualifications saying his life prepared him for the job. kero served as chairman of the senate foreign relations committee and is a decorated vietnam veteran. he became a leading contender after susan rice withdrew her name from consideration last week.÷e >> time is running out.jw>z president says he's ready and willing to get a big package done by would accept a stopgap measure to avoid spending cuts on january 1. >> nobody can get 100% of what they want this, is not a content between parties in terms of who looks good, who doesn't. there are58=Ñ real world consequences to what we do here. >> the comments came after house speak year accused him of being less than truth bfl at approach to the negotiations. >> he wants more spending and tax hikes. he won't deal with entitlement reform and big issues facing our country. >> boehner says he ream ree mains open to negotiation buzz it's clear nothing will be settled if the next few days.
obama announced a choice to replace hillary clinton as secretary of state. its massachusetts senator john kerry. praising his qualifications saying his life prepared him for the job. kero served as chairman of the senate foreign relations committee and is a decorated vietnam veteran. he became a leading contender after susan rice withdrew her name from consideration last week.÷e >> time is running out.jw>z president says he's ready and willing to get a big package done by would...
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and rock obama makes his pick for the next secretary of state with hopes that john kerry could be the want to tone down america's military minus foreign policy. and reduction in their. rank and a five hundred dollars pay cut that's what it will cost a u.s. marine sergeant for a difficult writing the bodies of dad taleban soldiers he was found guilty of year in aiding on and posing with their corpses a retired u.s. colonel and diplomat and right says the people of afghanistan feel a lot of anger over american troops behavior oh i was in afghanistan last week and i talked to a lot of people in afghanistan and they are very. they are outraged about these things that are u.s. military people have been doing to them the brutal slaughter of people i mean over and above that where you have sergeant bales' it has. killed sixteen afghans you have this incident the u.s. military personnel the marines urinating on the the bodies. taliban you have. to have the koran being burned on a military base so afghans are very upset about what the u.s. military is doing there president obama has nominated
and rock obama makes his pick for the next secretary of state with hopes that john kerry could be the want to tone down america's military minus foreign policy. and reduction in their. rank and a five hundred dollars pay cut that's what it will cost a u.s. marine sergeant for a difficult writing the bodies of dad taleban soldiers he was found guilty of year in aiding on and posing with their corpses a retired u.s. colonel and diplomat and right says the people of afghanistan feel a lot of anger...
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Dec 30, 2012
12/12
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CSPAN2
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. >> talk about obama. your chapter is entitled provocatively. [laughter] in some ways they've made it worse. >> the longest chapter of the book. >> it might get longer. >> then i see the cuts that we have to make but to deal with a contemporary is a lot of interest in obama. then to pull back. >> but there were people on the right to and those who would disagree to say he apologizes for america and pulls out from the allies and those that say he should not send troops to afghanistan in the first place. >> there was the tough group. the advisers that he bridal and called the economic advisers to timothy geithner, larry summers and peter norris said. of the foreign policy team, robert gates up to his eyeballs most of the bad things the country has done for decades. >> but he promised he would pull troops out of iraq so he falls through on his promise. >> so they do not take it seriously enough. we think it has been a big mistake. one thing he said is that cut back on the bush secrecy and has not followed through. with the espionage act was passed
. >> talk about obama. your chapter is entitled provocatively. [laughter] in some ways they've made it worse. >> the longest chapter of the book. >> it might get longer. >> then i see the cuts that we have to make but to deal with a contemporary is a lot of interest in obama. then to pull back. >> but there were people on the right to and those who would disagree to say he apologizes for america and pulls out from the allies and those that say he should not send...